GKID: e-retailers operating from abroad pose a great challenge to Hungarian online stores
Customers spent more wisely last year and, due to the cheaper prices, noticeably more people order from foreign online stores, which poses a great challenge for domestic retailers – said the senior consultant of the market research company GKID at the Ecommerce Expo professional event in Budapest on Thursday.
In his presentation, Norbert Madar explained: according to preliminary data, domestic online retail will reach an annual turnover of around HUF 1,500 billion in 2023, 8.5 percent more than the previous year.
He pointed out that after the end of the coronavirus epidemic, for the first time in its history, online trade traffic grew more slowly than traditional store trade, because customers returned to stores.
Related news
In tune with the Christmas season: this is how online consumers in the region shop
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Boxes and experiences
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Morrisons launches ‘Morrisons Now’ for one-hour grocery delivery
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Lidl’s first mobile store in Hungary will open on October 17th
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The index of price increases perceived by the population remains high
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The latest VOSZ Barometer is out – Despite the macro numbers, VOSZ member companies are optimistic
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >